Articles

Criminal law needed to force banks to behave

In a comment piece written for The Times’ daily legal update blog ‘The Brief’, Jonathan Fisher QC discusses how some of the UK's leading banks have been prepared to ignore the risk of facilitating financial crime over the years .

Three months ago the Financial Conduct Authority fined Barclays Bank £72 million for failing to minimise the risk that its business could be used to facilitate financial crime. Jonathan reviews in greater detail the failings which took place and raises some fundamental questions.